Casino's high-roller activity a 'shambles' - 2004-02-07
The ability to prevent fraud, money-laundering and tax evasion in Crown Casino's high-roller gambling operations was in doubt due to the casino's failure to follow proper procedures, the Federal Court has said.

In a decision at the end og last month by the full court, justices Ronald Sackville, Bradley Selway and Bruce Lander referred admissions by Crown of "a failure... to comply with statutory and regulatory requirements and to institute and maintain appropriate internal controls" to the Victorian Casino and Gaming Authority.

The judges made their comments in a decision on an appeal by Li Pei Ye, reputed to be one of China's largest property developers.
Read the full story at The Age

Gaming Board unveils 7 casino proposals - 2004-02-07
State gambling regulators on Thursday revealed seven wide-ranging bids for Illinois' last remaining casino license, with proposals for Rosemont, Waukegan and DesPlaines heading up the pack.

Penn National Gaming led the bidding at $506 million to develop a casino in Rosemont that ultimately would be state-owned.

Owners of Elgin's Grand Victoria riverboat bid only $20 million to put a second Grand Victoria in Summit, but their plan would allow the state to share in the casino's profits.
Read the full story at Chicago Sun Times